The traditional tub or box of chocolates for Christmas just got more expensive as Nestle has announced that it is hiking prices. The move comes amid growing pressure on household budgets as the cost of living crisis continues to squeeze the purses of Brits.
It may be a non-essential item, but a chocolate treat will now cost you more and that could mean paying extra for the brand's top selling products such as After Eight, Quality Street, as well as favourites such as Smarties, KitKat, Aero, Toffee Crisp, Yorkie and Munchies.
Back in April 2022 steep cost inflation was reported to be blamed for potential price rises for the brand's cereals and confectionary. At the time, Mark Schneider, Nestlé CEO, said: "Cost inflation continues to increase sharply, which will require further pricing and mitigating actions over the course of the year."
